St. Charles, Missouri
5988 Mid Rivers Mall Dr.
Saint Charles, MO 63304
(636) 229-5277
EDC Business and Community Partners helps foster the growth of business in St. Charles County. Through our Startup Assistance, Small Business Finance and Business Attraction & Retention programs we have remained a trusted resource and economic catalyst in St. Charles County since 1990.

3 Benefits Business Consulting Services Have to Offer August 15, 2019

St. Charles, St. Charles
3 Benefits Business Consulting Services Have to Offer, St. Charles, Missouri

Now that you have been in business a while, you may have found that there is more to business than the service or product you sell.  How do you know that your growing startup is making financially sound decisions?  This can be a challenge especially if you first heard the word “Quickbooks” in your first meeting with an accountant!  Doing this alone can be a challenge. Consider the following the values of working with a business consulting professional.

3 Benefits of Hiring a Business Consultant

1. Better Understanding of Finances

Navigating business finances can be difficult task. From balance sheets to cash flow statements, the paperwork can quickly become overwhelming. Working with a business consulting professional, can help you understand the ins and outs of business finances and provide a better understanding of your company’s financial health. Asking questions like “how well am I doing against others in the industry” could help you to optimize your resources and make deals that benefit the company.

2. Simplify Future Decisions

business consultingGrowing a business is tough.  There are so many decisions that business owners make daily.  Creating promotion campaigns, building a customer base or hiring the next employee can seem daunting. Lack of information or experience could lead to decision-paralysis and reduce your chances for success. Working with a business consultant will give you a professional sounding board and help you set attainable goals.  This could prevent unnecessary wastes of time and money while you continue to grow your company.

3. Steady Increase of Revenue

Managing the balance between paying off the bills and increasing revenue isn’t easy at first. It’s common for one to largely outweigh the other and leave growing businesses struggling to make ends meet. With the help of a business consulting professional,  you may establish more effective processes for using your working capital in your business’s best interest. They’ll equip you to make the necessary adjustments on improved inventory management, your operating cycle or labor needs.


Ensure business success by connecting with EDC Business & Community Partners in St. Charles, MO. Partially funded by the SBA, the EDC has been providing quality business consulting services since 1990 and is recognized as a leader in the industry. Their experts will help you evaluate your business today for tomorrow’s growth . Learn more about their consulting services by visiting their website. Call (636) 229-5277 to schedule an appointment.

Other Announcements, Events and Deals from EDC Business and Community Partners
How to Use Social Media for a Small Business, St. Charles, Missouri
Social media is one of the easiest ways for your business to connect people with your brand or product. As three-quarters of Americans use social media, this is a crucial element in more
The Top Do’s & Don’ts of Starting a Business, St. Charles, Missouri
Starting a business requires a lot of learning as you go. Since each industry and market is different, it’s up to each business owner to develop their own specific style and more
3 Signs It's Time to Expand Your Business, St. Charles, Missouri
Growing a business takes a lot of hard work and determination. It also takes quite a bit of insight, as you want to hold off on expanding to a second location until the time is more
3 Ways to Maximize Employee Potential, St. Charles, Missouri
When growing a business, you must help your employees achieve their utmost capabilities. This could mean unlocking previously unknown abilities or simply teaching them to be more
3 Problems Many New Business Owners Face, St. Charles, Missouri
Starting a business can be daunting, but once it is up and running, it’s the perfect way to create your own work/life balance and enjoy the freedom being a business owner provides. more